What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
THIS is the kind of thinking...     30-Oct-09 07:27 pm    
that is the point; pulled up this message to point out the fallacies of buying the commodities long fund.

DXO & USO are not different, the degree of lever was 2x.

USO is unsustainable, both are invested in futures (which are a form of leverage).

Risk of closure increases when the December contract settles. My guess as to why Saudis are dumping WTI pricing NOW. Nothing to do with $$$USD$$$.


Sentiment : Strong Sell
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

earlbah

Female


View Messages

Ignore User

Report Abuse

View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
DXO doing much better
ejjohnson5@... Rate it 22-Jul-09 01:58 pm  
 
The USO fund is at risk of closure. WTI pricing i...
earlbah Rate it 30-Oct-09 01:01 pm  
 
DXO no longer traded.
moneyb2good... Rate it 30-Oct-09 04:52 pm  
 
THIS is the kind of thinking...
earlbah Not rated 30-Oct-09 07:27 pm  
 
I think thier still going to play a game with USO ...
fp71859 Rate it 30-Oct-09 08:04 pm  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last
< Newer Topic | Older Topic >

United States Oil (USO)

Chart for United States Oil (USO)
On Feb 9: 36.21 Up 1.12 (3.19%)
Symbol Lookup